Kenya: Taxes and Costs
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Last Updated: May 11, 2009
Kenya's rental income tax is high
Effective Tax Rate on Rental Income |
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| Monthly Income | US$1,500 | US$6,000 | US$12,000 |
| Tax Rate | 30% | 30% | 30% |
| Click here to see a worked example | |||
Source:
Disclaimer
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INDIVIDUAL TAXATION
Non-residents are taxed only on income derived from sources in Kenya. Married couples are taxed jointly.
INCOME TAX
RENTAL INCOME
Rental income from real properties is subject to a withholding tax at a rate of 30% on the gross rental income received.
CAPITAL GAINS
No tax is levied on capital gains realized from the sale of real property in Kenya.
PROPERTY TAX
Property Tax
This is an annual tax levied by the local government depending on the location and value of the property. It is usually about 1% of the property value.
Land Tax
Land tax is a local tax with rates varying depending on the location of the land. The highest rate is 8% which applies in Nairobi.
Kenya - more data and information
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Your Comments
posted by SAM OWUOR | 2008-06-06
Accountant, Nairobi-kenya
Could anyone guide me on where to find up to date information on Tax Isues regarding land tranasactions in Kenya?